Common use of Not for Cause Clause in Contracts

Not for Cause. At the option of Employer at any time for any reason other than those referred to above or for no reason at all, whereupon the Employer shall become obligated to make those payments set forth in Section 7.1(d) hereof. If Employer shall be in material breach of this Agreement and by reason thereof Employee terminates his employment hereunder, such termination shall be deemed a termination by Employer pursuant to this Section 6.1(d).

Appears in 4 contracts

Samples: Employment Agreement (Credit Store Inc), Employment Agreement (Credit Store Inc), Employment Agreement (Credit Store Inc)

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Not for Cause. At the option of Employer at any time for any reason other than those referred to above or for no reason at all, whereupon the Employer shall become obligated to make those payments set forth in Section 7.1(d7.l(d) hereof. If Employer shall be in material breach of this Agreement and by reason thereof Employee terminates his employment hereunder, such termination shall be deemed a termination by Employer pursuant to this Section 6.1(d).

Appears in 1 contract

Samples: Employment Agreement (Credit Store Inc)

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